Murdoch may need three years to show profit from Dow Jones deal
Gillian Wee of Bloomberg News writes Thursday that News Corp. CEO Rupert Murdoch may need as much as three years to show his shareholders that the purchase of Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch, was worth more than $5 billion. Wee wrote, “By that time, Murdoch’s News […]
Herb Greenberg talks business journalism
Herb Greenberg is senior columnist for MarketWatch and is one of the top business journalists in the country because of his investigative reporting on companies. His column also appears in the weekend edition of The Wall Street Journal. He joined MarketWatch after six years as senior columnist for TheStreet.com. He previously spent 10 years as […]
Exit interview with Crovitz
Rafat Ali of PaidContent.org talked with outgoing Wall Street Journal publisher Gordon Crovitz about the future of Dow Jones & Co. media properties. Here is an excerpt: Would you have liked to stay?: I think the goals that I set when I started couple of years ago (as the publisher of WSJ) in this role […]
Crovitz memo to staff: We kicked butt
Wall Street Journal publisher Gordon Crovitz sent the following message to employees Friday after it was announced he would step down from his position after Dow Jones & Co. is sold next week to News Corp. Crovitz wrote: “I am gratified by what we have achieved together. We set out to integrate our brands and […]
Hinton to lead Dow Jones; Thomson to be WSJ publisher
Sarah Ellison of The Wall Street Journal reports Thursday that News Corp. executive Les Hinton will become the new CEO of Dow Jones & Co. in the wake of current CEO Richard Zannino‘s resignation, and Robert Thomson, currently the editor of The Times of London, will become The Journal’s publisher after Dow Jones is acquired […]
At least my kids will be happy
Standard & Poor’s on Wednesday said video game retailer GameStop Corp. will replace Dow Jones & Co., the parent of The Wall Street Journal, Marketwatch and Barron’s, in the S&P 500 at a date yet to be announced, according to an Associated Press story. Dow Jones is being bought by Rupert Murdoch‘s News Corp., although the […]
Watching Marketwatch's future
Dan Fost writes in the latest issue of Fortune about the future of Marketwatch after it becomes part of the News Corp. media empire with the acquisition of Dow Jones & Co. later this month. One of the issues is that News Corp. CEO Rupert Murdoch wants to make The Wall Street Journal‘s web site […]
Trader Monthly pleases its readers
Marketwatch media columnist Jon Friedman writes Friday that Trader Monthly succeeds because it pleases its Wall Street readers. Friedman wrote, “For example, a story on the cover of Private Air’s October/November issue proclaimed: ‘Make Your $20 million Jet Pay for Itself.’ While it might not win a Loeb award for excellence in journalism any time […]
Homebuilders blame business media for its woes
Greg Robb of Marketwatch writes Monday that homebuilders are increasingly blaming coverage of their industry for slower home sales. Robb wrote, “Brian Catalde, a builder from El Segundo, Calif, complained that negative housing stories are having an impact on buyers. “‘Builders are worried that the national media has tended to report negative housing stories as […]
Marketwatch names new tech coverage staffers
Business news web site MarketWatch.com named Therese Poletti as technology columnist and Benjamin Pimentel as technology reporter. Poletti, an award-winning staff writer at the San Jose Mercury News for the last seven years, will deliver breaking news commentary to MarketWatch.com’s audience of institutional and retail investors while providing views of large, ongoing news topics in […]